This module allows you to analyze existing cross correlation between ATX and Greece TR. You can compare the effects of market volatilities on ATX and Greece TR and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in ATX with a short position of Greece TR. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and Greece TR.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to generate 0.45 times more return on investment than Greece TR. However, ATX is 2.21 times less risky than Greece TR. It trades about -0.11 of its potential returns per unit of risk. Greece TR is currently generating about -0.2 per unit of risk. If you would invest 336,900 in ATX on October 19, 2017 and sell it today you would lose (5,430) from holding ATX or give up 1.61% of portfolio value over 30 days.